Slicing the Pie: Quantifying the Aggregate and Distributional Effects of Trade
(2022)
Journal Article
Galle, S., Rodríguez-Clare, A., & Yi, M. (2023). Slicing the Pie: Quantifying the Aggregate and Distributional Effects of Trade. Review of Economic Studies, 90(1), 331-375. https://doi.org/10.1093/restud/rdac020
We develop a multi-sector gravity model with heterogeneous workers to quantify the aggregate and group-level welfare effects of trade. The model generalizes the specific-factors intuition to a setting with labour reallocation, leads to a parsimonious... Read More about Slicing the Pie: Quantifying the Aggregate and Distributional Effects of Trade.